Stocks to watch: Eyes on Apple, Nio, Shopify, DocuSign and Hasbro

IPO monitoring: No new IPO is expected to start trading. Quiet periods end in Hannover (NASDAQ:HNVR) on June 6 and in ProFrac (PFHC) on June 7 to release analysts' ratings. The lock-up period for the IPO of a block of Chicago Atlantic shares (NASDAQ: REFI), Cingulate (CING), and HashiCorp (HCP) also expires during the week.

Dividend monitoring: It’s a light week of anticipated dividend increases with the end of the earnings season. Dividend payout increases are expected from UnitedHealth (UNH) to $1.65 from $1.45, Caterpillar (CAT) to $1.20 from $1.11, Essential Properties () to 0, $27 from $0.26, and Clorox (NYSE: CLX) to $1.20 instead of $1.16. Credit Suisse released an intriguing list of its favorite dividend aristocrats this week for investors to chew on. The company’s list of outperforming-rated US stocks that offer investors healthy dividend yields backed by a history of growing dividends per share includes IBM (IBM), Chevron (CVX), Coca-Cola (KO), Emerson Electric (EMR), Stanley Black Decker (SWK), Nextera Energy (NEE), Colgate-Palmolive (CL), Sysco (SYY), McDonald’s (MCD), and Caterpillar (CAT).

Corporate events: Pear Therapeutics (PEAR) will host the first Investor Day event in its history on June 6. Hyzon Motors (NASDAQ: HYZN) will host an Investor Day event on June 7 that will include a strategy update and facility tour in Groningen, the Netherlands. MongoDB World 2022 is also scheduled for June 7, with keynote presentations from key MongoDB (MDB) executives. Spotify Technology SA (SPOT) will host an Investor Day event on June 8 to highlight the company’s current track record and future growth opportunities. Investor days are scheduled for June 9 for AMD (AMD), Verint Systems (NASDAQ: VRNT), Wendy’s (WEN), PPL Corporation (PPL), Nutrien (NTR) and DigitalOcean Holdings (DOCN). Spirit Airlines (SAVE) shareholders will vote on the proposed merger with Frontier Group (ULCC) on June 10. Learn more about next week’s events that could impact stock prices in Seeking Alpha’s Catalyst Watch.

Conference schedule: The conference schedule is heating up with the end of the earnings season. Nareit’s 2022 REITweek Investor Conference May Headline with STORE Capital (NYSE: STOR), Macerich (MAC), Public Storage (PSA) and Tanger Factory Outlet Centers (SKT), with some of the notables set to appear virtually. Also watch for upcoming strategy and direction updates from the Goldman Sachs Travel and Leisure Conference, William Blair Growth Stock Conference, Baird Global Consumer, Technology and Services Conference, KBW US Regional Banking Growth Conference , Goldman Sachs Global Semiconductor Virtual Conference, Needham Virtual Automotive Technology Conference, Bank of America 2022 Global Technology Conference, Stifel 2022 Cross Sector Insight Conference and Jefferies Healthcare Conference.

Toy story: Hasbro (NASDAQ:A) will hold its annual meeting on June 8. Activist investor Alta Fox is pushing Hasbro to sell a profitable division and wants representation on the board. The company also criticized the way it allocates its capital. Proxy firm ISS recommended that shareholders withhold votes from Ted Philip, who served on Hasbro’s board for 20 years, while Glass Lewis endorsed all of Hasbro’s board nominees. Ahead of the meeting, Hasbro said capital allocation, including strategic investments and returning excess cash to shareholders, is a priority as the company also remains on a path of growth and debt repayment. Shares of Hasbro (HAS) are down 12% year-to-date.

Apple WWDC preview: Apple (AAPL) will hold its Worldwide Developers Conference in hopes of iOS/iPad OS, macOS, tvOS and watchOS updates, and other software reveals. Ahead of WWDC, the company unveiled an update to the open-source programming language Swift. Analysts believe there is a chance of a “one more thing” material surprise as well as a potential announcement of an NFL Sunday Ticket contract win. Looking ahead, Wedbush Securities analyst Dan Ives believes the tech giant is gearing up to bid on a number of upcoming sports packages in addition to the NFL that are up for renewal in coming years. Also very interesting, Morgan Stanley said it was possible for Apple to tease its entry into the mixed reality headset market. What does WWDC mean for Apple stocks? Over the past 10 years, Apple has underperformed the S&P 500 by a median of 100 basis points in the week following the event but outperformed the S&P 500 by 70 basis points in the month following the event.

Stock split: The four-for-one stock split for DexCom (DXCM) will go into effect on June 10. The stock split will increase the number of authorized common shares from 200,000,000 to 800,000,000.

Annual meetings: Companies with annual meetings scheduled for next week include Shopify (NYSE: SHOP), Penn National Gaming (PENN), eBay (EBAY), Target (TGT), TJX Companies (TJX), CarGurus (CARG), Best Buy (BBY), and Urban Outfitters (URBN). Shopify (SHOP) shareholders will vote on a proposal to provide CEO Tobias Lütke with additional voting rights to preserve his voting power. Meanwhile, Hasbro (HAS) is fighting an activist investor in a board battle.

Box office overview: World Paramount (NASDAQ: PARA) Top Gun: Maverick is expected to gross up to $60 million at the box office in its second weekend. The film still has a weekend of limited competition before Universal’s Jurassic World Dominion (CMCSA) opens on June 10.

Mentions of Barron: The cover story looks at the US marriage boom and whether it’s an indicator that the US fertility rate has bottomed out after a 12-year decline. Some of the stocks mentioned as potential beneficiaries of the increase in the number of new couples are AvalonBay Communities (AVB), Equity Residential (EQR) and Target (TGT). Eaton (ETN) is also singled out this week by the publication as a stock that could jump 30% as the company takes advantage of soaring demand for its products in the electrical segment. The shift to electric vehicles appears to be keeping demand buoyant for an extended period. It is noted that Eaton shares now trade at 17.5 times forward earnings, which is in line with the broader market but marks a discount to rivals such as Quanta Services (PWR) and ABB (ABB).